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Anonymous

20 Apr 2020

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General Investing

For SIA Rights Issue, if I just (13/4/2020) bought 600 of their shares on SCB, will I be entitled to their Rights Issue? Considering that I'm using a custodian account. And when is the Rights Issue?

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Sudhan

20 Apr 2020

Hi anon, if you've bought SIA shares on 13 April, you will be entitled to its rights issue, provided it's approved by shareholders. Even though this is an old post, it should provide some info with regards to SCB's custodian account and rights issue: https://investmentmoats.com/portfolio/rights-is...

SIA will be conducting an EGM on 30 April for shareholders to approve the cash call (more info: https://www.straitstimes.com/business/companies...).

The rights issue will go ex-rights on 6 May.

Above slide from: https://links.sgx.com/FileOpen/SIA%20Rights%20I...

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For SIA Rights Issue, such as the 'Rights Shares'. I've bought some SIA shares on 21/4/20 using FSMOne without a CDP account. Will I be able to purchase the new Rights Shares if i want to?

Hi, how do I subscribe for SIA’s rights issue if my SIA shares are held in a Standard Chartered Custodian Account and not a CDP account?

I recently bought the SIA shares after the rights issued at a price of 4.40 but realised the theoretical ex-rights price should be around $4.17. What should I do?

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